November 11

“Bakkt is ready to store customers’ bitcoin. Intercontinental Exchange’s bitcoin subsidiary announced Monday it would provide custody services for institutional clients. Pantera Capital, Galaxy Digital and Tagomi have already signed on as initial customers.

A critical link … in the institutional adoption of bitcoin is custody.”

“It’s worth looking at the projects that come out of these events to see developers’ latest innovations and what may be the next big thing in Ethereum and blockchain. Unlike past events, there wasn’t such a big focus on DeFi, save notable exceptions. It was all about smart wallets, messaging and games.

Sheetcoin: allows users to send ERC20 tokens to Gmail addresses, which opens up the universe of potential crypto users to 3 billion.
Eth P2P VOIP: allows calling an Ethereum address, [and] prevents spam calls, providers selling your data and SIM swapping.
DeFi Custody Wallet: sends all of the wallet’s digital assets to a pre-determined address if the the account isn’t used for a pre-determined period of time, signaling maybe the user lost their private key or died.
Connexion: allows MetaMask users to message each other using their ENS names.
Wallet Notify: This is a standardized way of sending push notifications to Ethereum addresses so users can be notified, for example, when their loan is about to get liquidated, when their domain is about to expire, when there’s a governance vote coming up, etc.”

“Founding managing partner of HCM Capital, the private equity arm of electronics manufacturer Foxconn, Jack Lee, says China’s Central Bank Digital Currency (CBDC) is ready and expects it to launch in two to three months. 

Lee also suggested that the People’s Bank of China (PBoC) will use the new currency to further strengthen its oversight over capital flows.”

See Also: Ethereum Co-Founder: Hopefully We Can Interoperate With China’s Crypto
See Also: Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

“The Monetary Authority of Singapore (MAS) has completed development of a blockchain-based cross border payments system that can support a range of currencies.

With Ubin now in its fifth phase, MAS said the payments prototype ‘will provide interfaces for other blockchain networks to connect and integrate seamlessly.’

We hope this development will encourage other central banks to conduct similar trials, and we will make the technical specifications publicly accessible to accelerate these efforts. We look forward to linking up with more blockchain networks to improve cross-border connectivity.”

“IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network.

The new system reportedly has limitless scalability potential, and can handle much more complex applications. Point of sale payment systems could use O2Rs in a scalable non-custodial payments service ‘that can match the throughput of Visa.'”

“Emerging technologies such as blockchain have the potential to define the war industry over the coming decades. Data and data sharing will be critical for warfare in the future, particularly with the development of artificial intelligence.

Blockchain technology will be critical in defending key weapons systems as well as validating orders and battlefield information, among other uses.

If the U.S. Marine Corps is going to put 3D printers in the field so that soldiers can manufacture spare parts on-site for F-35s, say, then it needs to protect these workstations from hackers — especially the digital specifications.

“Shaoul — president of the Magnum Real Estate Group — sold the 11,400-square-foot property to a Taiwan-based entity. Jet Real Estate, which represented Magnum in the deal — characterized the transaction as ‘a seamless process.'”

“The EOS blockchain is congested by the EIDOS token airdrop. Average users, who hold a relatively low amount of staked CPU resources, are currently unable to send transactions.

The exchange has since solved the issue by increasing the amount of staked CPU. Interestingly, the incident also caused the price of CPU time on the network to increase by over 100,000% over the course of 4 hours.”